Inventory Keys-Replace Them Or Find Them?
Michael Southerland
Managing Director North, Central. South America Operations at Monitoring & Communication Technology
Many key programs are being sold to dealers today, but as of writing, I don't know of one that gives you the physical location on a cell phone. Previously it has required a GPS of some tiny size that had monthly fees, or these were buried in the selling price. This is not practical because of its cost and size. It appears that most if not all current key programs simply have an insurance reimbursement policy but again do not provide any sort of location information. So what have we done to solve this problem? First, we have a device the size of a silver dollar and very thin. Secondly, it is rechargeable and works on Apple products and Androids. The dealer simply attaches it to the inventory key in the key machine or other storage and it is good for up to 6 months before needing a short recharge to bring it to full battery. Here is why it is essential to FIND THEM instead of REPLACING THEM. Usually, there are two sets of keys. One is in the key machine and the other is locked up in the dealer jacket in the back office and can only be accessed during office hours. So what do you do when a customer is standing next to a $50,000.00 inventory vehicle, and the key machine told you who checked it out last but not where the person is or the location of the keys? The back office is closed. How long will the customer wait? Could they walk and you don't have the opportunity to sell anything? So this device will show you a street map or aerial photo of where the keys are and directions to them. Here is the best part-once the dealer sells the inventory piece; the device stays on the key chain and is complemented to the customer or included in the price. Now you are wondering how much this costs-a low two-figure price, and it does not expire because you just recharge it.